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Victor Davis Hanson: The REAL Oligarchs Who've Been Running Our Country💵
Have you noticed how terms like oligarchs, autocrats, plutocrats, and aristocrats are being thrown around in political discourse? But why now? And why is it suddenly a concern when figures like Elon Musk start questioning the Democratic Party?
Victor Davis Hanson breaks down the irony of the Left’s sudden outrage over wealthy elites influencing politics on today’s episode of “Victor Davis Hanson: In His Own Words”
“ The Democrats raised $1 billion more than did Trump. So, what is going on? There is an anger now that for the first time in 20 years, over three administrations—Clinton, Obama, and Biden—for the first time there are multibillionaires who are starting to question their Democratic loyalty: larry Ellison, Elon Musk, Mark Zuckerberg, perhaps even Jeff Bezos.
“ The Democratic Party is the party of the very wealthy, plutocracy, and the billionaire class, but they demand absolute loyalty and solidarity. And any defections or apostates then cause them to go—I don’t know what the word is—ballistic that anybody would doubt their ability to control the big money in the United States.”
00:00 Introduction: The Rise of Oligarchs
00:26 Historical Context: Ignored Oligarchs
02:04 The Wealthiest Americans
02:44 Political Donations and Influence
05:22 The Shift in Billionaire Loyalty
07:42 Conclusion: The Democratic Party and Big Money
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